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Global funds eye Blackstone's 50% stake in Panchshil and Salarpuria assets, ET RealEstate

Blackstone: The Canada Pension Plan Investment Board (CPP Investments) and The Ontario Municipal Employees Retirement System (OMERS) are the pension funds that have evinced interest in picking up the stake in this commercial real estate portfolio spread across a total 26 million sq ft in India.
Abu Dhabi Abuz Aby United Arab Emirates Andhra Pradesh Salarpuria Sattva Group Blackstone Group

blackstone: Global funds eye Blackstone's 50% in Panchshil and Salarpuria assets

Sovereign wealth funds GIC and Abu Dhabi Investment Authority along with two Canada-based pension funds are negotiating to acquire Blackstone Groups 50% stake in separate commercial portfolios of Panchshil Realty and Salarpuria Sattva Group. The deal worth over $4.5-$5.0bn is estimated to be concluded soon.
Andhra Pradesh Abu Dhabi Abuz Aby United Arab Emirates Abu Dhabi Investment Authority Blackstone Group

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Three decades of unparalleled expertise: Sattva Group's impact on India's Commercial Real Estate industry

Sattva Group has been at the forefront of creating innovative office spaces in the Silicon Valley of India, Bengaluru, since the early 2000s. It was one of the earliest developers to set up an IT park in Bengaluru and has since built commercial spaces on par with international standards.
West Bengal Andhra Pradesh Tamil Nadu Bijay Agarwal Coffee Day Enterprises Sattva Group

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